NTES Price TargetPrice target for NTES is $84.
All the Chinese stocks are primed for a strong recovery after China`s top administrative authority said it would work to stabilize the stock market and boost economic growth!
Traders are expecting the Chinese government would support the stock market like the FED did in the US.
Chinastocks
BEKE Price TargetPrice target for BEKE is $19.
All the Chinese stocks are primed for a strong recovery after China`s top administrative authority said it would work to stabilize the stock market and boost economic growth!
Traders are expecting the Chinese government would support the stock market like the FED did in the US.
PDD Price Target Price target for PDD Pinduoduo is $64.
All the Chinese stocks are primed for a strong recovery after China`s top administrative authority said it would work to stabilize the stock market and boost economic growth!
Traders are expecting the Chinese government would support the stock market like the FED did in the US.
JD Price TargetPrice target for JD is $62.
All the Chinese stocks are primed for a strong recovery after China`s top administrative authority said it would work to stabilize the stock market and boost economic growth!
Traders are expecting the Chinese government would support the stock market like the FED did in the US.
MPNGF Price Target Price target for MPNGF Meituan is $27.
All the Chinese stocks are primed for a strong recovery after China`s top administrative authority said it would work to stabilize the stock market and boost economic growth!
Traders are expecting the Chinese government would support the stock market like the FED did in the US.
JD.com (NASDAQ: $JD) Benefits On U.S. & China 🗣️JD.com, Inc. operates as an e-commerce company and retail infrastructure service provider in the People's Republic of China. It operates in two segments, JD Retail and New Businesses. The company offers home appliances; mobile handsets and other digital products; desktop, laptop, and other computers, as well as printers and other office equipment; furniture and household goods; apparel; cosmetics, personal care items, and pet products; women's shoes, bags, jewelry, and luxury goods; men's shoes, sports gears, and fitness equipment; automobiles and accessories; maternal and childcare products, toys, and musical instruments; and food, beverage, and fresh produce. It also provides gifts, flowers, and plants; pharmaceutical and healthcare products, including OCT pharmaceutical products, nutritional supplements, healthcare services, and other healthcare equipment; books, e-books, music, movie, and other media products; and virtual goods, such as online travel agency, attraction tickets, and prepaid phone and game cards, as well as industrial products and installation and maintenance services. In addition, the company offers an online marketplace for third-party merchants to sell products to customers; and transaction processing and billing, and other services. Further, it provides online marketing services for suppliers, third-party merchants, and other business partners; supply chain and logistics services for various industries; and consumer financing services to individual customers, as well as online-to-offline solutions. JD.com, Inc. offers its products through its website jd.com and mobile apps, as well as directly to customers. As of December 31, 2020, JD.com, Inc. operated fulfillment centers with a network of approximately 900 warehouses in various counties and districts in China. The company has strategic cooperation agreement with Tencent Holdings Limited. JD.com, Inc. was incorporated in 2006 and is headquartered in Beijing, China.
China 50 to the UpsideChina 50 will move to the upside due to geo political reasons and YUAN getting the center stage after Gulf countries plan to trade Crude oil in Chinese Yuan.
This is a swing trade. Will keep you posted if the sentiments change.
BULLISH CHINAAt this Point its time to INVEST IN CHINA
SL: 53
After a Big Correction its time to invest in the Future............. and the Future will be CHINA
Take advantage and the timing looks good for me.
CHINA BIG DIP analysis + TENCENT (e-commerce, fintech, gaming)Hello Traders, Investors and Speculants :),
You probably heard about Tencent holdings investment group.: These days you can hear some Fundamental analysis about Naspers / Prosus tranfer (spin-off) from South Africa exchange to Amsterdam.
Many super-investors (value investors) like Guy Spier / Mohnish Pabrai are most likely increasing their position in Tencent directly or via Prosus shares.
++ others are buying CHina stocks // Charlie Munger = BABA, Ray Dalio increasing positions, Nitin Saigal fully invested in China ...).
So Why would you need another analysis if they are alredy buying?
This thread will be purely my opinion about oportunity for Buying into Tencent and many China located gigants + why I think, we are near the temporary bottom of correction = of Wave A !!
If you look at biggest China companies, almost all of them reached All-Time-High from November 2020 till February 2020 = Potential TOP of China growth-tech bubble.
(this time it could be e-commerce, finTech, Gaming companies + Crypto of course...)
Lets take a look at few of them, this thread will continue in comments so stay tuned.
TENCENT as one of biggest Chinese companies (acting more like ETF based on around 700 holdings).
AliBABA
KWEB - China internet ETF
MEITUAN (Btw biggest Tencent position)
SEA Limited:
NIO:
Whats interesting even some Non-China Fintech companies reached their ATH around this time like StoneCo (Brazil).:
SOuth America - Mercado Libre - MELI:
While in the US, Covid related restrictions and fear of investors was probably slightly delayed by several Months:
is still near thSPX, AMZN, and other FAANG ggants are still near ATHs, some of the FinTech and e-commerce companies start to fall.
PAYPAL:
SQuare:
Conclusion + Investment Thesis:
1) Be very carefull with catching the falling knife. Wait for pure Buy signals and signals of reversal at least at 3D/1W charts. Also consider buying only with very good RRRatio + clear setup.
2) China could be very good oportunity for short term BUY-LONG setups when you will be able to count all subwaves of Wave A but still be very carefull. (Around 1-3 months from now).
3) US and western - world conutries will probably continue to fall in dozens of % DOWN. (US is delayed, it could take around 3-6 months to reach bottom and point of maximum fear of retail and small VC investors.)
Patience folks, patience.
Short and Long +150%The stock has already unloaded enough, but the closest support is only around $57-60. Overall, this is not a good time for Chinese ADRs. Therefore, for the time being, fall until the situation improves, then rebound from the support zone to $130.
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BIDU - will third time be the charm?
holding above daily MA ++
MACD signal is green on 3D chart ++
Downtrend broken +
Trendline resistance ---
Overall bearish market sentiment -
Overhead VWMA resistance ---
Likely that it tests VWMA at 164 (on news?) and pulls back into the ER. if it builds above 150, could see 225 level soon after. still early, but should be on the focus list for 2022.
CHINA COMPOSITE INDEX China and future expansion. BTCWho doesn't understand what this Chinese index is.
The SSE Composite Index is one of the most important indices in Asia. The SSE Composite Index has been calculated by the Shanghai Stock Exchange since 1990. The SSE Composite Index includes shares of all companies listed on the Shanghai Stock Exchange in lists A and B. Conventionally all these companies can be divided into several main sectors: finance, materials, production, energy, food products, health care and telecommunications. The financial sector is the undisputed leader, followed by companies in the manufacturing sector. The SSE Composite is an excellent barometer of the Chinese economy because it is calculated on the basis of daily share prices.
The chart has a large timeframe of 1 month. A huge symmetrical triangle with a base of about 470% has formed on top of the trend. At the moment the index value is cornered with minimal volatility, we are in the final phase of forming the figure. Soon there should be a decoupling, perhaps a "steam down" before a new run. 13 .
It is worth noting that the Paralympic Winter Games in China end on March 13. Perhaps after they are over, China and not only (it is first of all) will move to intensify its "military exercises" and statements. Recall, 20 02 2022 (22222) ended the Winter Olympic Games in China (not the Paralympic), and 24 02 2022 Russia (unofficially with Belarus) began a sharp phase of exercises in Ukraine. In fact, the launch and preparation of the "non-exercise" began 22 02 2022 (222222). China may repeat it and it will naturally have a very strong effect on its indices and economy. Bitcoin will react very strongly for obvious reasons. The wealth of the Chinese is not comparable to that of the Russians.
Also note how the head and shoulders were formed before the triangle began to form. Which has a very strong resemblance to the price formation on the BTC/USD pair at the moment (July-March). Make a comparison. Then, as you can see, there was just a vertical increase in the index (the Chinese economy) by a fantastic 470% from quite high values initially. That's the kind of thing few people expected at the time. The comparison with bitcoin and the former index values before the vertical rise of 2005-2007 is just an observation no more, but very illustrative.
BTC/USD Main Trend. Timeframe 1 month. Notice what zone the price is in now.
BTC/USD Now 07 2021 - 03 2022 Timeframe 1 week.
CHINA COMPOSITE INDEX Timeframe 1 month. Comparable area before a fantastic vertical rise of a huge percentage.
CHINA COMPOSITE INDEX Projection of achieved index targets to potential targets with the same % on BTC/USD
GXC... perhaps it is timeSo, the double tailed candles on the weekly chart only resulted on a week of downside, but the second week proved resilient.
The daily chart shows the spike down blowout and the immediate recovery. This indicates very strong support at about 98-100. The new interim support at 102 is holding too.
Now, I expected the lack of liquidity and sentiment to push lower, accentuated by the Chinese New Year absence of market participants. But this appears to be a subtle bullish hint that once the two week holiday is over, this dragon will fly... am expecting a test of the daily 55EMA, maybe even popping over the resistance (white line). Daily technicals are supportive.
$DIDI reversal - EMA Cloud Breakout $DIDI possibly bottomed out chart @ 4
CMF went positive on the 10m,1h,2h chart. 1d should follow
The momentum is about to cross 0 on the 1d chart.
RSI has left oversold zone
The last 3 sessions closed green.
MACD Curling.
Reversal in play
NEW 🎯A New Idea for me🎯 NEWAn Idea I have considered.. feel free to share your comments and hit the like button if you like my idea.. wishing you all the best and remember obedience and disipline is what will make you a profitable trader.. 🤑🎯🚀🙏⌛💵
JD is still strong for longI’ve been watching this company for a long time, and even have long position at the price of 65.6.
JD.com made clear impulse up by Feb 2021 after which it began to decline.
At the moment, the entire decline after ATH I can count as zigzag ABC, where B is triangle. From level 61.65 (+ reaction from 50% Fibo level) the price formed leading diagonal plus ABC correction. After that, the price bounced again and met resistance in the middle of the channel formed by the previous waves.
BTW, what is interesting - JD didn’t show us a fairly strong decline while NASDAQ index corrected well down.
So, for now I have 2 scenarios:
1. At the main scenario, I think that the price has formed wave 1 of (3) and expect further upward movement from the channel and extension of the waves.
2. But I also consider an alt. scenario in which wave (2) isn’t completed yet and price want to form wave X (as ZZ) of a double zigzag WXY. In fact, it confuses me that wave (2) ended so quickly and perhaps the price will meet good resistance at the border of the channel. I’ll watch the volumes and further price action near resistance zone (92.6 - 94.5).
BABA Bear Pattern Break upBABA has been battling at the 131.5 level on the daily.
It is currently in a long pattern coming from the downside, but has been basing up currently.
Has some resistance overhead around the 138 level, which if broken can target 140, 143, 148 and finally a gap fill to the 160 region.
If BABA can hold the 131.5 close on the daily for the next few days (as well as the overall market and HSI holding up as well!) and if it can break that 138 level. I would target the above ^.
02/18 140c would work with targets as listed above.
Invalid with close < 131.5 on the daily.
Terrible timing with market OPEX coming up and FED tightening of policies. Never fight the FED. If they're hinting at "risk off" then all stocks - no matter the pattern - will sell off.
GXC Long Range CycleJust doing some research and then realized that the GXC (China ETF) has a 10 year historical cycle pattern. In this pattern, it appears to be at a bottoming out period.
Just sharing an observation from the technical cycle aspects. Other qualifiers suggest a similar indication (not discussed herein).
What you also can observe is that there is a peak about 2/3 into the cycle... which projects about end 2023 peak from the current projected bottom.
NEW 🎯Scalp Idea for me🎯 NEWA small scalp Idea I have considered.. feel free to share your comments and hit the like button if you like my idea.. wishing you all the best and remember obedience and disipline is what will make you aprofitable trader.. 🤑🎯🚀🙏⌛💵
Nio Stabilizes After a Year of LossesNio had a massive run during the worst of the pandemic, followed by a year of pullbacks. Now the electric-car maker could be stabilizing at a key level.
First consider the price area near $28. NIO consolidated around that level in October 2020 before proceeding to more than double. Now that zone is providing support.
Second, consider the high-volume surge on December 30 as yearend buyers stepped in. Notice the slightly higher lows on either side of that candle, which produced an inverse head and shoulders.
Next, the December low was near a 61.8 percent retracement of the original rally in 2020.
Finally, the new year has seen a rotation toward global stocks and weak-dollar plays as the market accepts the hawkish Fed. That shift could also help NIO.
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$BABA - Weekly TF analysisAli Baba holdings looks to be at historic levels...it has completed a 5 wave move from 2015 to 2020 and has now retraced 61.8% of that move in a 5 wave impulsive move down.
This is a great place to add some Chinese e-commerce exposure for the long term with weekly RSI having been oversold in sept and now forming a higher high as price formed a lower low.
With a a low to trade against, the R:R here is fantastic, with downside risk at 108.70 and upside targets is 175 and 240.
📌🦤🦤 Update: $PDD Weekly$PDD is one of (if not) my favorite charts and companies for 2022. Growth in digital commerce/advertising, unique product and deep discount given China turmoil. Weekly bullish divergence ...
Jan ‘23 $100C 💡
$BABA $KWEB $ASHR $SPY $QQQ #Pinduoduo #China #Stocks #Options #Trading